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    MBA Finance Salary in India 2024 - Popular Jobs, Salary Packages, Top Recruiters
    • MBA Finance Salary in India 2024 - Popular Jobs, Salary Packages, Top Recruiters

    MBA Finance Salary in India 2024 - Popular Jobs, Salary Packages, Top Recruiters

    Anusha BhalotiaUpdated on 28 Aug 2024, 03:10 PM IST

    MBA Finance Salary in India ranges from 3 LPA to 30 LPA. The MBA salary in finance depends on the type of MBA college, educational background, level of experience, company one is working in and location. MBA from IIMs will easily offer an average salary package of 25 LPA. MBA in finance is a great option for individuals with good mathematical skills and an interest in accounting. Continue reading this article to know the MBA finance salary of freshers, experienced professionals, top-paying jobs in finance and much more.

    This Story also Contains

    1. MBA Finance Salary in India: Key Highlights
    2. MBA Finance Salary in India: Popular MBA Finance Jobs
    3. MBA Finance Salary in India: Experience-wise
    4. MBA in Finance Salary for Freshers
    5. MBA Finance Salary after 10 Years
    6. IIM Salary Package in Finance
    7. MBA Finance Salary in Top MBA Colleges
    8. MBA Finance Salary in Government Sector
    9. MBA Finance Salary in Private Sector
    10. MBA Finance Salary by Top Recruiters
    MBA Finance Salary in India 2024 - Popular Jobs, Salary Packages, Top Recruiters
    MBA in Finance Salary

    MBA Finance Salary in India: Key Highlights

    The main purpose of candidates pursuing MBA in finance is the high placement packages offered by top companies. Individuals wishing to pursue MBA in finance are suggested to have a look at these key highlights:

    • Average MBA in finance salary in India offered by top B-schools like IIMs and IITs ranges between 15-30 LPA.
    • MBA placement package in finance offered by premier institutions is between 12-18 LPA.
    • MBA in finance from an average MBA college in India can get you a salary package ranging between 2-10 LPA.

    Also Read: Online MBA in Finance

    MBA Finance Salary in India: Popular MBA Finance Jobs

    Candidates with an MBA degree in finance must know the types of jobs available and the salary for MBA in finance offered for those positions. Given below is the list of some of the top finance jobs with promising salaries in India.

    MBA Finance Jobs in India

    MBA Finance Salary In India

    Financial Analyst

    5 Lakhs - 8 Lakhs

    Business Analyst

    6 Lakhs - 12 Lakhs

    Relationship Manager

    7 Lakhs - 9 Lakhs

    Finance Manager

    10 Lakhs - 18 Lakhs

    Equity Research Analyst

    7.5 Lakhs - 12 Lakhs

    Research Analyst

    6 Lakhs - 10 Lakhs

    Chief Financial Officer

    15 Lakhs - 20 Lakhs

    Bank Manager

    6 Lakhs - 10 Lakhs

    Account Manager

    7 Lakhs - 12 Lakhs

    Also Read: Top 10 Career Options After MBA in Finance

    MBA Finance Salary in India: Experience-wise

    MBA salary in finance majorly depends on the level of experience one has in this field. Check out the salary offered for various positions to freshers and experienced professionals.

    MBA in Finance Salary for Freshers

    An average MBA in finance starting salary offered to freshers is Rs. 4.5 LPA. Have a look at the entry-level MBA finance salary for graduates for various job roles below in the table.

    Job Role

    MBA Finance Fresher Salary

    Financial Planner

    Rs. 3.5 LPA

    Investment Banker

    Rs. 7.5 LPA

    Risk Manager

    Rs. 5 - 7 LPA

    Equity Analyst

    Rs. 4 LPA

    Financial Advisor

    Rs. 3 LPA

    Finance Manager

    Rs. 5 - 7 LPA

    Business Analyst (Finance)

    Rs. 4-5 LPA

    Portfolio Manager

    Rs. 5 - 7 LPA

    Financial Analyst

    Rs. 3 LPA

    Accounting Manager

    Rs. 5.4 LPA

    Bank Manager

    Rs. 4 LPA

    MBA Finance Salary after 10 Years

    Individuals can get an average MBA finance salary of Rs. 10 LPA after 5-10 years of experience in various financial roles. Check out the finance in MBA salary listed in the table below.

    Job Role

    MBA Finance Salary after 10 Years

    Financial Planner

    Rs. 7-12 LPA

    Investment Banker

    Rs. 17 LPA

    Risk Manager

    Rs. 10 LPA

    Equity Analyst

    Rs. 7-8 LPA

    Financial Advisor

    Rs. 5 LPA

    Finance Manager

    Rs. 10 LPA

    Business Analyst (Finance)

    Rs. 8-9 LPA

    Portfolio Manager

    Rs. 10 LPA

    Financial Analyst

    Rs. 5-6 LPA

    IIM Salary Package in Finance

    IIMs are one of the top MBA colleges in India offering highest paid jobs after MBA in finance. An average IIM salary package in finance ranges between Rs. 20 LPA to 25 LPA. Students can check out the IIM MBA finance salary in India based on the average package offered by various recruiters.

    Name of IIM

    Average IIM MBA Finance Salary

    IIM Ahmedabad

    Rs. 33 LPA

    IIM Bangalore

    Rs. 32 LPA

    IIM Calcutta

    Rs. 40 LPA

    IIM Lucknow

    Rs. 35 LPA

    IIM Kozhikode

    Rs. 20 LPA

    IIM Indore

    Rs. 20.5 LPA

    IIM Shillong

    Rs. 20 LPA

    IIM Rohtak

    Rs. 16.06 LPA

    IIM Ranchi

    Rs. 20 LPA

    IIM Raipur

    Rs. 18 LPA

    IIM Tiruchirappalli

    Rs. 20 LPA

    IIM kashipur

    Rs. 14.4 LPA

    IIM Vishakhapatnam

    Rs. 15.2 LPA

    IIM Bodh Gaya

    Rs. 12 LPA

    IIM Amritsar

    Rs. 14.63 LPA

    IIM Sirmaur

    Rs. 12.8 LPA

    IIM Sambalpur

    Rs. 12.2 LPA

    IIM Jammu

    Rs. 12 LPA

    Check: IIM Admission

    MBA Finance Salary in Top MBA Colleges

    Other than IIMs, major B-schools in India provide MBA in finance admission and offer high salary packages, sometimes higher than top IIMs. Candidates can have a look at the finance degree with MBA salary package offered by a few of the top non-IIMs mentioned below.

    Name of the Institution

    Average MBA Finance Salary

    FMS Delhi

    INR 25-30 LPA

    MDI Gurgaon

    INR 26 LPA

    XLRI Jamshedpur

    INR 18-20 LPA

    SPJIMR Mumbai

    INR 22.1 LPA

    JBIMS Mumbai

    INR 18.91 LPA

    IIFT Delhi

    INR 18.27 LPA

    MBA Finance Salary in Government Sector

    Plenty of government jobs after MBA finance are available in India for MBA aspirants to choose from. Government sector banks and telecom companies hire MBA finance freshers and experienced professionals for various job roles. The average finance MBA salary in India offered in the government sector is Rs. 15 LPA. Check out the companies, MBA finance job salary offered by these companies in government sector mentioned below.

    Top Government Companies

    Job Profiles

    Average MBA in Finance Salary

    SBI

    Bank Manager

    Rs. 9 LPA

    Branch Manager

    Rs. 17.2 LPA

    Chief Manager

    Rs. 29.5 LPA

    BSNL

    Account Officer

    Rs. 10.7 LPA

    Junior Accounts Officer

    Rs. 8.3 LPA

    National Dairy Development Board (NDDB)

    Deputy Manager

    Rs. 14 LPA

    Account Assistant

    Rs. 3.8 LPA

    Senior Manager

    Rs. 20 LPA

    Executive Accountant

    Rs. 5.4 LPA

    Dredging Corporation of India Limited

    Joint General Manager

    Rs. 27.5 LPA

    Deputy Manager

    Rs. 14.9 LPA

    Bharat Earth Movers Limited (BEML)

    Assistant General Manager

    Rs. 19.2 LPA

    Accounts Officer

    Rs. 10.6 LPA

    Assistant Manager

    Rs. 13.6 LPA

    Bank of Baroda

    Credit Manager

    Rs. 13 LPA

    Banking Officer

    Rs. 7.5 LPA

    Credit Analyst

    Rs. 13.4 LPA

    LIC

    Finance Branch Manager

    Rs. 16.3 LPA

    Financial Consultant

    Rs. 2.8 LPA

    Check Out: MBA in Finance Career Options

    MBA Finance Salary in Private Sector

    The average MBA finance salary in private sector ranges from Rs. 3.6 LPA to Rs. 34.5 LPA. Given below are some of the MBA finance jobs with salary offered by top recruiters in private sector.

    Top Private Companies

    Job Profiles

    Salary (INR)

    Goldman Sachs

    Analyst Developer

    Rs. 19.30 LPA

    Investment Banking Analyst

    Rs. 22.2 LPA

    Senior Financial Analyst

    Rs. 6.9 LPA

    Morgan Stanley

    Senior Manager

    Rs. 27.13 LPA

    Financial Analyst

    Rs. 7.4 LPA

    Boston Consulting Group

    Senior Associate

    Rs. 34.5 LPA

    Senior Financial Analyst

    Rs. 18.3 LPA

    Bain and Company

    Associate Consultant

    Rs. 25.7 LPA

    Junior Consultant

    Rs. 30.2 LPA

    Finance Coordinator

    Rs. 9.3 LPA

    JP Morgan

    Financial Analyst

    Rs. 9.05 LPA

    Investment Banking Analyst

    Rs. 23.7 LPA

    Credit Analyst

    Rs. 11.9 LPA

    TCS

    Business Finance Manager

    Rs. 10 LPA


    Financial Analyst

    Rs. 3.6 LPA

    Reliance Industries

    Finance Manager

    Rs. 12.5 LPA


    Accounts & Finance Manager

    Rs. 15.1 LPA

    MBA Finance Salary by Top Recruiters

    Given below in the table are the top global recruiters offering lucrative salary after MBA finance and job roles to candidates.

    Goldman Sachs

    Infosys

    KPMG

    HDFC

    Goldman Sachs

    Amazon

    Capgemini Consulting

    JP Morgan Chase & Company

    Google

    Accenture

    TCS

    Deutsche Bank

    Boston Consulting Group

    McKinsey & Company

    Barclays

    Also Read: What After MBA in Finance?

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